US NEWS / While it seems increasingly unlikely the U.S. economy is headed for recession, small businesses still face headwinds like higher costs and difficulty retaining qualified workers.
US News by Associated Press (27 February, 2024)
Fifty percent of small businesses surveyed have plans to grow or expand their business in 2024. But only 28% said they plan on hiring more employees, as hiring and retention remains a sticking point for many small businesses, because larger businesses can generally offer higher salaries and more perks than smaller ones. To help keep quality staffers, 57% of all respondents said that providing flexible work options was their top way to attract and retain employees in 2024.
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